Global Insurance Brokerage Market Report 2023: Increasing Demand for Insurance Policies Fuels the Sector

DUBLIN, May 18, 2023 /PRNewswire/ -- The "Insurance Brokerage Market: Global Market Size, Forecast, Insights, and Competitive Landscape" report has been added to  ResearchAndMarkets.com's offering.

The global insurance brokerage market is expected to grow at a CAGR of around 6.7% during 2023-2030.

Companies Mentioned

• Acrisure LLC
• Aon plc
• Brown and Brown Inc
• Gallagher
• Hub International Limited
• Jardine Lloyd Thompson Group
• Lockton Companies
• Marsh and Mclennan Companies Inc
• Meadowbrook Insurance Group
• Truist Insurance Holdings
• USI Insurance Services LLC
• Wills Towers Watson

This report on global insurance brokerage market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape.

The report presents a clear picture of the global insurance brokerage market by segmenting the market based on Brokerage type, Insurance Type and region. Also, detailed profiles of companies operating in the insurance brokerage market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Dynamics

Drivers

• Increasing Demand for Insurance Policies
• Government Initiatives Regarding Insurance Policies
• Increasing Technology in the Area of Insurance Brokerage

Challenges

• Lack of Knowledge in Insurance Brokers About Technology
• Impact of COVID-19

Historical & Forecast Period

• Base Year: 2022
• Historical Period: 2018-2022
• Forecast Period: 2023-2030

Market Segmentation

by Brokerage Type

• Retail Brokerage
• Wholesale Brokerage

by Insurance Type

• Life Insurance
• Property & Casualty Insurance

by Region

• Europe
• Germany
• United Kingdom
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe
• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Rest of Asia Pacific
• Latin America
• Mexico
• Brazil
• Argentina
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• Turkey
• Iran
• United Arab Emirates
• Rest of Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/la5q9i

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SOURCE Research and Markets